Latest reading: Australia’s workforce expanded by 17,900 in March 2026, bringing total employment to an all-time high of 14.76 million....
Unemployment in Spain
The unemployment rate in Spain averaged 16.3% in the decade to 2024, below the 8.5% average for Euro Area. The unemployment rate in Spain was 11.3% in 2024. For more information on unemployment, visit our dedicated page.
Spain Unemployment Chart
Note: This chart displays Unemployment Rate for Spain from 2014 to 2025.
Source: Macrobond.
Spain Unemployment Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 14.9 | 13.0 | 12.2 | 11.3 | 10.5 |
Unemployment rate fell to 18-year low in Q4
Latest reading: The unemployment rate fell to 9.9% in Q4 from 10.4% in Q3. The market had expected a slight increase, and the reading was the lowest in 18 years. Meanwhile, the number of employed people rose by 76,200 to reach a new record of 22.5 million. The number of unemployed fell by 136,100 people from Q3, while the number of people in the labor force fell by 59,900 to a total of 24.9 million.
Panelist insight: EIU analysts said: “Unemployment remains comparatively high, but reforms that came into effect in 2022 have boosted employment and could help to reduce the widespread use of temporary job contracts and the risk of longer-term scarring from the pandemic.”
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Spanish unemployment projections for the next ten years from a panel of 30 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Spanish unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Spanish unemployment projections.
Want to get access to the full dataset of Spanish unemployment forecasts? Send an email to info@focus-economics.com.
Latest Global Unemployment News
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Australia: Employment rises in March -
United States: Employment rebounds in March Latest reading: The US economy added 178,000 jobs in March 2026, the most since December 2024. This followed a revised... -
Euro Area: Unemployment rate rises in February Latest reading: In February, the seasonally adjusted unemployment rate rose to 6.2%, following a 6.1% rate in the prior month.... -
United States: Employment tumbles in February Latest reading: U.S. payrolls fell by 92,000 in February 2026, marking the largest monthly decline in four months. This followed... -
United States: Employment rises in February Latest reading: Employment in Australia rose by 48,900 to a new record of 14.75 million in February 2026, picking up... -
Australia: Employment rises in February Latest reading: Employment in Australia rose by 48,900 to a new record of 14.75 million in February 2026, picking up... -
United States: Employment tumbles in February Latest reading: U.S. payrolls fell by 92,000 in February 2026, marking the largest monthly decline in four months. This followed...